Directly accessible data for 170 industries from 50 countries Tourism and travel (including accommodation services, food and beverage services, passenger transport services, vehicle hire, travel agencies and sports, recreational and conference services), employment levels and output of the tourism industry, the number of visitors to the UK and the amount they spend. ( Salecycle, 2019 ). ** Forecast You need a Single Account for unlimited access. The global online travel market was worth more than US$629 billion in 2017, and is predicted to reach almost US$818 billion by 2020. Are you interested in testing our corporate solutions? All important statistics are prepared by our experts – available for direct download as PPT & PDF! Then you can access your favorite statistics via the star in the header. Read more here. Asia forecast to see the gravest overall decrease in revenue. The power of travel to create jobs is much greater than other industries. facts. France remains a leading destination for international tourist arrivals. It is also the second-fastest growing sector in the world, ahead of healthcare (+3.1%), information technology (+1.7%) and financial services (+1.7%), and behind only manufacturing, which was up by 4 percent. Please do not hesitate to contact me. The Trump Administration has announced new restrictions of lodging, meetings and exhibitions in Cuba, in addition to banning alcohol and cigars. Sign up to get the industry news and updates delivered to your inbox. 3 Speen Street, Suite 300, Framingham, MA 01701. Globally, travel and tourism directly contributed approximately 2.9 trillion U.S. dollars to GDP in 2019. Travel and tourism contributed $1.6 trillion to the nation’s GDP. Please do not hesitate to contact me. and over 1 Mio. © 2020 Questex LLC. That’s equal to 7.8 percent of the U.S. economy. This As a Premium user you get access to the detailed source references and background information about this statistic. 164.3 million guest arrivals worldwide in 2018. global revenue for the travel and tourism industry will drop. Market size of the global hotel industry in 2018, Region with the highest hotel occupancy rate worldwide in 2019, Share of air travel in total inbound tourism worldwide in 2018, Leading airport for international air passenger traffic by number of passengers, Number of museums in Paris as of May 2019, Most-visited amusement and theme park worldwide in 2019, Northeast Greenland National Park, Greenland, Leading online travel agency (OTA) worldwide in 2019, by revenue, Number of international tourist arrivals in Europe in 2019, Country with the highest number of international tourist arrivals in 2018, Country with the largest international tourist expenditure in 2019, Projected travel and tourism revenue decline from 2019 to 2020, Projected loss in business travel spending in 2020, Year-over-year decline in seated restaurant diners worldwide as of September 23, 2020, The Cities Where Tourists Splash The Most Cash, Share who feel locals in other countries have a negative view of their tourists, international tourism expenditure in 2017, Travel and tourism in the United Kingdom (UK), Travel & Tourism: Global Economic Impact & Trends 2019, We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. Every $1 million in sales of travel goods and services directly generates eight jobs for the industry. As soon as this statistic is updated, you will immediately be notified via e-mail. Please see our. Revenue of commercial airlines worldwide from 2003 to 2021 (in billion U.S. dollars)* [Graph]. Dollars)*. June 9, 2020. Over the past 10 years, the surge of recovery collided with an economic turning point in global emerging markets—fueling a historic burst in travel demand felt by segments across the travel industry. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. © 2020 Questex LLC. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development, Find studies from all around the internet.
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